For those who were wondering if the bank bailouts were an attempt to nationalize them; it was. According to Hal Boedeker’s blog at http://www.orlandosentinel.com , George Soros was on CNN’s “Fareed Zakaria GPS” on Sunday. When Zakaria asked Soros if he was satisfied with Obama’s job performance as the President, Soros said that he wasn’t and that he wanted the banks nationalized!

If that’s not enough to make the hair on the back of any freedom loving American stand on end, Soros also indicated that he’d like to see Obama take the healthcare bill back to Congress so that they can work together to push it through. Never mind that the majority of Americans don’t want this bill.

Amazing how one billionaire can buy an entire party in Washington – even to the point that they likely won’t get voted back in. On Sunday, http://www.foxnews.com reported that “House Speaker Nancy Pelosi urged her colleagues to back a major overhaul of U.S. health care even if it threatens their political careers.”

But then there’s also the Saturday report in http://www.dailymail.co.uk that said that, “A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro.” Some representatives from Soros’ investment businesses apparently attended a Wall Street investors “ideas dinner at a private townhouse in Manhattan” at which “speculators are said to have argued that the euro is likely to plunge in value to parity with the dollar.”

The article goes on to state that the euro “has been under enormous pressure because of Greece’s debt crisis, plus financial worries in Portugal, Italy, Spain and Ireland. But it has also struggled because hedge funds have been placing huge bets on the currency’s decline, which could make the speculators hundreds of millions of pounds…Fund Management warned in a newspaper article that the euro could ‘fall apart’ even if the European Union can agree a deal to shore up support for stricken Greece.”

Interestingly, http://www.telegraph.co.uk reported on Friday that JP Morgan Chairman Jamie Dimon “has warned American investors should be more worried about the risk of default of the state of California than of Greece’s current debt woes.” Dimon also stated that if California can’t repay its debt, that it’s likely that other states will soon follow. He also said of JP Morgan: “We don’t really foresee the European Union coming apart.” Perhaps JP Morgan doesn’t, but Societe Generale does.

Societe General has locations in about 40 countries, and according to a UK Telegraph article from November, they “advised clients to be ready for a possible ‘global economic collapse’ over the next two years, mapping a strategy of defensive investments to avoid wealth destruction.” The article goes on to mention that, “Overall debt is far too high in almost all rich economies,” and that “High public debt looks entirely unsustainable in the long run. We have almost reached a point of no return for government debt.”

With investors being warned and no doubt, nervous, there is also a push for a new reserve currency. According to a http://www.abcnews.go.com article from Friday, the head of the International Monetary Fund, Dominique Strauss-Kahn, has proposed the IMF consider “a global reserve currency that would serve as an alternative to the U.S. dollar.” However, he also said in a recent speech that, “That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now.”

Soros has said that a one world regulatory bank system is in the works. A financial crisis like entire states, countries and currencies collapsing certainly has the potential to cause the hearts of people to fail from sheer fear and to bring on enough chaos that martial law and a one world government (New World Order) could very quickly follow.

And in the midst of such utter panic, it might even seem logical…along with a one world leader who enforces a one world religion.

The words “look up and lift up your heads, because your redemption draws near” seem rather appropriate for this incredible time in history (Luke chapter 21 verse 28).

Vel Craft Search +4000 Articles

Search for:

Huginn & Muninn

Unconstitutional Powers By Repetition

Usurpations by one branch of government, of powers entrusted to a coequal branch, are not rendered constitutional by repetition.

The United States Supreme Court held unconstitutional hundreds of laws enacted by Congress over the course of five decades that included a legislative veto of executive actions in INS v. Chada, 462 U.S. 919 (1982).

Executive Links

Constitutional Republic Of The United States

True Federalism.

“The way to have good and safe government is not to trust it all to one, but to divide it among the many, distributing to every one exactly the functions he is competent to.

Let the national government be entrusted with the defense of the nation, and its foreign and federal relations; the State governments with the civil rights, law, police, and administration of what concerns the State generally; the counties with the local concerns of the counties, and each ward direct the interests within itself.

It is by dividing and subdividing these republics from the great national one down through all its subordinations, until it ends in the administration of every man’s farm by himself; by placing under every one what his own eye may superintend, that all will be done for the best.

What has destroyed liberty and the rights of man in every government which has ever existed under the sun? The generalizing and concentrating all cares and powers into one body.”